Does mercantilism encouraged colonialism
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Mercantilism is the idea that was quite popular in the 1500s to make a certain country rich by exporting more good to other states and countries and decreasing the imports.
Mercantilism encouraged colonialism as it bound the colonials in trade. They had to follow certain set of rules for businesses. Mercantilism was promoted by merchants as it benefited them in uncountable ways.
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Mercantilism is a national economic policy that is designed to maximize the exports, and minimize the imports, of a nation. ... Historically, such policies frequently led to war and also motivatedcolonial expansion.
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